Cost of Living in Bellingham, MA
Housing
The housing market plays a significant role in determining the cost of living in Bellingham, MA.
- Housing Index: 115.5 / 100
- Median Home Price is: $439,000
- Average Rent (2 BR Apartment): $2200 per month
- Average Rent (2 BR House): $2245 per month
When considering a move to Bellingham, MA, the current housing landscape reveals a housing index of 115.5, suggesting it's a relatively competitive market. With a median home price of 439000, buying a home might be attainable for many, especially compared to cities with skyrocketing prices. However, monthly rents for a 2-bedroom apartment average 2200, while a 2-bedroom house sits at 2245, indicating higher rental costs that could impact budget decisions. It's crucial to analyze your long-term plans and financial capabilities in this potentially vibrant yet costly area.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Bellingham, MA.
- Electricity Price: $28.15 USD (median by state)
- Natural Gas Price: $21.62 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $250 per month
Living in Bellingham, MA could entail higher utility costs. Electricity costs sit at $28.15, while natural gas is priced at $21.62 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $250 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Bellingham is a financially viable option for your relocation.